NTT DoCoMo to Lead Anti-Qualcomm Joint Venture
NTT DoCoMo today signaled that it, along with a handful of other Asian electronics makers, intend to band together to form a joint venture that will eventually supply the participants with wireless baseband chips. The goal is to reduce the companies' reliance on Qualcomm for such components. Reuters reports that some of the companies involved include Fujitsu, NEC, Panasonic Mobile Communications, and Samsung. DoCoMo will take a majority stake in the joint venture, which the companies believe will help reduce the cost of certain smartphone components. The companies would use the chips developed by this joint venture rather than Qualcomm's chips. The joint venture will be headquartered in Japan and start with an initial capitalization of $389.6 million.
Qualcomm Partners Up with Chinese Makers for 14nm Chips
Qualcomm plans to form a joint venture with Semiconductor Manufacturing International in China to develop 14nm chips. China's Huawei and Belgium's Imec will also participate in the venture.
Qualcomm and TDK Partner Up On RF Joint Venture
Qualcomm and TDK today said they've agreed to form a joint venture that will see the companies create RF front-end modules for a wide range of devices. The two companies have created a venture called RF360 Holdings, which will be the legal parent of the new firm.
Sprint Expands Retail Deal with Dixons Carphone to 500 Stores
Sprint today announced a joint venture between it and Dixons Carphone to open 500 Sprint stores around the U.S. The joint venture follows a pilot program the two companies launched last year that saw them test Dixons' best practices in some 20 Sprint stores.
Nokia Forges China Joint Venture to Win Alca-Lu Approval
Nokia has signed a memorandum of understanding with a China government-backed investment company called Huaxin in order to encourage approval of its proposed acquisition of Alcatel-Lucent. The acquisition has already been approved by U.S.
FCC Suggests No Joint Bidding for Largest Carriers
The FCC wants to prevent the country's Tier 1 operators from filing joint bids in future spectrum auctions. The FCC recently issued a Notice of Proposed Rulemaking covering the matter, and is looking for comments on its belief that powerful carriers shouldn't be allowed to collude on spectrum purchases.
This is Absurd